In 1995 approx I had a loan with HFC Bank and repaid faithfully until 1998 when I lost a main client ( self employed engineer) which resulted in me being unable to maintain the repayments. The debt was past to Howard Cohen Solicitors. I continued to pay a reduced amount but the charges being applied meant I wasn’t reducing the debt. They obtained a CCJ in 1998 for £7992.00 (The original loan was for £5000.00) and for several years I dealt with a company called C.L.Finance and Lewis Debt Recovery and paid as best I could. I think they are the same company as they both send me letters. They have recently sent me a statement saying I currently owe them £3476.00. Based on information I read on this site I sent C.L.Finance a letter requesting they send me a Subject Access Request and a copy of the original credit agreement. After numerous questions by phone asking me why I required this information they sent me a statement showing payments I have made including numerous charges for “warrant Costs” . The statement did not show any payments I made while the loan was with HFC or the charges and insurances that were applied to the account. They also stated that as they assigned the account in feb 1997 they no longer hold information from more than six years ago and did not supply a copy of the original credit agreement.
What can I do? CL Finance has recently sent me a statement of the debt, Lewis debt recovery has sent me a Red letter saying I have to pay the outstanding debt in full immediately. I have paid and lived with this debt for so long and paid far more than I ever borrowed. I am at my wits end. Any advice would be gratefully accepted!